Hillsboro Beach mansion listed for sale at $139 million

Bryan Nieblas/Courtesy

A Hillsboro Beach mansion under construction hit the market Thursday for $139 million. Le Palais Royal, a more than 60,000-square-foot estate at 935 Hillsboro Mile, is one of the highest-priced homes currently for sale in the country.

A Hillsboro Beach mansion under construction hit the market Thursday for $139 million. Le Palais Royal, a more than 60,000-square-foot estate at 935 Hillsboro Mile, is one of the highest-priced homes currently for sale in the country. (Bryan Nieblas/Courtesy)

If $139 million is burning a hole in your pocket, you might consider a castle that hit the market Thursday in Hillsboro Beach.

Le Palais Royal, a more than 60,000-square-foot estate under construction at 935 Hillsboro Mile, is one of the nation's highest-priced homes currently for sale.

It's owned by a land trust whose trustee is Robert N. Jacobson, Broward County property records show. The beneficiary of the trust is Robert W. Pereira, president of The Middlesex Corp., a construction company based in Massachusetts. Pereira did not return a phone call Thursday.

Other features include a 492-foot private dock that can accommodate a 185-foot yacht; an underground garage for more than 30 cars; a 4,500-square-foot pool; six waterfalls; and a $2 million marble staircase. The listing includes the lot next door at 939 Hillsboro Mile.

The home has been under construction for seven years, but the owner has had a change of plans and decided to put it on the market now, Coldwell Banker agent William P.D. Pierce said.

Construction is expected to be complete in late 2015.

"The new potential buyer will have the chance to do some personalization," he said.

Adam DeSanctis, a spokesman for the National Association of Realtors, said a quick search of the country's most expensive housing markets showed no other homes listed for more than $139 million.

But Forbes.com recently reported that two homes in Los Angeles are being offered for $150 million each. One is a 13,000-square-foot palace once owned by Sonny and Cher; the other is owned by Petra Ecclestone Stunt, the daughter of billionaire Bernie Ecclestone, according to Forbes.